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Financial Analyst - Insights and Efficiency

East Lancashire Hospitals
Blackburn, GBR
Full-time
Onsite
Discovered 3 weeks ago
Financial analysisOperational data analysisCosting and value analysisFinancial and operational reportingDashboard developmentPower BI

Full Job Posting

Role overview

Developmental Analytical Finance role building capability in financial insight, value analysis, and efficiency improvement across Lancashire and South Cumbria.

Combines costing, activity, income, and operational data to inform decisions, improve services, and reduce unwarranted variation.

Provides a structured progression pathway from Band 5 to Band 6 through development of technical, analytical, and professional finance competencies.

Analytical finance and insight

  • Produce complex financial and operational analysis and reports combining financial, activity, costing, and benchmarking data.
  • Translate datasets into actionable insights; develop service line reporting, benchmarking, and value analysis.
  • Identify trends, risks, opportunities, and unwarranted variation; develop dashboards and reporting tools such as Power BI and SQL.
  • Validate output accuracy and alignment with system definitions; improve analytical methods and automate reporting.

Efficiency and value improvement

  • Identify, quantify, and track efficiency schemes.
  • Provide analysis for business cases and improvement initiatives; use benchmarking and peer data to highlight opportunities.
  • Work with services to validate assumptions underpinning plans.

Data, modelling, and collaboration

  • Support financial models and reporting structures; contribute to costing, income, and performance datasets.
  • Work with BI colleagues and clinical and operational teams to improve data flows, integrity, and quality.
  • Present insights clearly and accessibly; support colleague development and contribute to workshops, value sessions, and improvement programmes.

Role expectations

  • Manage workload and prioritize effectively.
  • Work with finance, clinical, and operational colleagues across the system.
  • Remain up to date with NHS finance policy, costing standards, and analytical tools.
  • Deputise for senior colleagues where appropriate and contribute to continuous improvement and innovation.

One LSC partnership

One Lancashire and South Cumbria is a shared NHS partnership bringing together corporate and support services from five regional NHS hospital trusts.

The partnership combines non-clinical and administrative functions, including Digital, Estates, Finance, HR, and Procurement, to reduce duplication and improve value for money.

Hosted by East Lancashire Hospitals NHS Trust, the partnership aims to improve patient care and the working environment through a one-team approach.

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